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      "body": "Thanks Its been working fine for me for a few years now. And precious metals seem to move slower, so I find them to be safer. Especially since I'm one of those people who feel it is much harder to let go of something I can touch then something digital.",
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      "title": "10 OZ Silver For $50 What's The Fuck?",
      "body": "@@ -2113,8 +2113,540 @@\n e of it.\n+%0A%0ABitcoin !%5BBitcoin%5D(https://techmeout.org/wp-content/uploads/2017/08/btc-qr.png) 1AY6rv6QQWsq7ZfnX9fTE85rMVTxeY6jqo%0AEthereum !%5BEthereum%5D(https://techmeout.org/wp-content/uploads/2017/08/eth-qr.png) 0xb3a984f8b250E7a60f6E17930Bb2E987778581Db%0ALitecoin !%5BLitecoin%5D(https://techmeout.org/wp-content/uploads/2017/08/ltc-qr.png) LUYUDhGeRC6D5NBr9Xray9fqfPhcqcxV6b%0AMonero !%5BMonero%5D(https://techmeout.org/wp-content/uploads/2017/08/xmr-qr.png) 4AQPJ7J7CbtJhGUsg3CZHGSJp3TYyU9M9GkSA7RnX4SUFkueQ667NNy82f2T68bkXH8VnVpZuuA8g3NMWDxVT6uARdHFLLK\n",
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      "title": "10 OZ Silver For $50 What's The Fuck?",
      "body": "Yes I'm serious, I do actually get physical silver and even gold well below spot price. And I brag about it to all serious precious metals investors who can't seem to comprehend the concept of bitcoin. \n\nOne thing that just turns me on more then looking at an intelligent sexy bitch is buying 3 times more precious metals then I would normally be able to. And the best part is I don't need to work harder, make more money or change my lifestyle. I already by precious metals on a regular basis so investing in them isn't changing much in my life at all. Of course with Bitcoin I can invest twice as much with less money. \n\n![silver.jpg](https://steemitimages.com/DQmern5SsnDXapAyLgbweSiGUFpW2SMhpSa4Xcm42Ny9eCd/silver.jpg)\nNo this isn't a scam. No this isn't a joke. I do this all the time, and I'm clueless as to why others don't. Stop your complaining and bad mouthing crypto currencies while supporting gold and silver. Because you fail to see that both are needed and when using Crypto Currencies correctly you end up getting more precious metals then you normally would. \n\nI purchased a 10 OZ silver bar for just 0.04 [BTC](http://zap.in/1ocwe) on [Provident Metals](http://zap.in/1iq9F). Okay your probably not that impressed since 0.04 [BTC](http://zap.in/1ocwe) is about $182 USD the average spot price for 10 OZ of silver. But picture this back in January I purchased 0.12 for $200.00 freaken USD. That is something to jerk off to. \n\nAnd as a side note I recently started to try to build my credit. I figured hey how can I build my credit while taking advantage of the system. Easy I got a credit builder credit card used it to buy BTC and other [crypto currencies](http://zap.in/1ocwe). Pay the card off and repeat. But I found that I can do much better when I discovered that these worthless reward points I get every time I pay off my card allows me to buy from the point star. After using the magic search box and typing the keyword gold into the search box I discovered I can get gold and silver jewelry from the store. Ooh I feel so fucking happy. I'm winning left and right and loving every minute of it.",
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      "body": "mint.",
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      "body": "@@ -105,9 +105,8 @@\n ed c\n-4\n redi\n",
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      "title": "",
      "body": "Cool...It is a spam bot that is trying to advertise a resteem service. I made a post about it and included c4redits to you for bringing it to my attention. Thanks!",
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      "permlink": "re-linuxphreak-re-resteembot-how-to-use-resteembot-20170822t132158533z",
      "title": "",
      "body": "You can pay in SBD. @resteem.bot",
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      "title": "",
      "body": "@@ -90,17 +90,17 @@\n ony bill\n-y\n+s\n .. you m\n",
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      "body": "LOL.. that's very funny.. a kid counterfeiting. Lucky you didn't go make a suitcase of phony billy.. you might of gotten in a fair bit of trouble then hehe..",
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      "title": "",
      "body": "Steem power is basically required to do everything on steem from upvoting to posting.\n\nIf you have 0 steem, you cannot do anything. \n\nAlso when you power down, it takes 7 days before you can get any steem in your hands.",
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      "body": "Yes I'm a minnow. No I'm not guilty of what your talking about on this post. But  I would like to know how I can send bots steem. My account says I have 5.92 Steem Power but I have 0 Steem. Do I need to buy steem. I click on power down and it says powering down but nothing happens. If I power down would that hurt me any way?",
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      "body": "Steem Power (SP) is locked and can not be transferred. (They can be powered down, but it takes time.)\nPossible transfers are:\nSteem > Steem\nSteem > Steem Power\nSteem Dollar > Steem Dollar\n\n@resteembot accepts all three.\n\nNo need to be in a hurry to use the bot.\nJust write posts, make some Steem Dollars and then come back.\nYou sound like you need a bit more experience with the platform anyway.\nExperiment away.\n(:",
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      "body": "Sorry if I sound stupid. But I have 5.592 STEEM Power but no STEEM. Am I going to be required to buy STEEM to use the bot?",
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      "body": "True story. When I was 16 I got a 3 in one printer. Back then it was a big deal, since they where new. So I started scanning $20.00 bills, then cutting them out so they where the exact size as real $20.00 bills. I brought a big wad of these copies to school and scared my teachers to death. Which led to me getting lectured about counterfeiting. \n\nI think there are actually security features in all in one printers these days to prevent such things. Don't quote me on that. I do know it worked out well back then.",
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      "body": "Hi. I am a volunteer bot for @resteembot that upvoted you.\nYour post was chosen at random, as part of the advertisment campaign for @resteembot.\n@resteembot is meant to help minnows get noticed by re-steeming their posts\n-----\nTo use the bot, one must follow it for at least 3 hours, and then make a transaction where the memo is the url of the post.\nIf you want to learn more - [read the introduction post of @resteembot](https://steemit.com/resteembot/@resteembot/how-to-use-resteembot).\nIf you want help spread the word - [read the advertisment program post](https://steemit.com/resteembot/@resteembot/how-to-help-resteem-bot-spread-the-word).\n-----\nSteem ON!",
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      "parent_permlink": "gold",
      "author": "linuxphreak",
      "permlink": "the-pros-cons-and-complications-of-returning-to-the-gold-standard",
      "title": "The Pros Cons and Complications Of Returning To The Gold Standard",
      "body": "Okay so idea of me writing this stems from an [article](http://zap.in/5MwMy) titled **Liens Filed Against the Federal Reserve: The Key to Trump Ending the Fed & Returning the Gold Standard?** It is an interesting read, however I doubt the US or any G7 country would ever return to a Gold Standard. This doesn't mean I don't think non G7 countries will be moving towards a gold standard soon. It also doesn't mean I don't support the idea of a gold standard. I do actually think we need some limitations and control over the amount of money put into circulation. However going back onto a gold standard I don't think will be as easy as we make it out to be. Especially in this day and age. \n\n# Problems With Going Back Onto A Gold Standard in The 21st Century\n\nThere are many problems with going back onto the gold standard. \n\n1. People are so used to the current system, they wont understand how the new system would work. Obviously with a gold standard would require limitted amounts of money to circulate in public. All money circulating would need to be backed by gold. So to many people working for minimum wage will be outraged when their paychecks are less because minimum wage was forced to go down. These people wont even realize that because of the gold standard deflation has occured and everything is cheaper meaning they can afford everything they could before. \n1. Now many people wont see this as a problem. But others will. In order for a gold standard to work welfare would need to be removed. This means the larger the non working population is the more outrage will occur. If 75% of the population worked this wouldn't be an issue. *And yes 75% could be possible if women stopped working.*\n1. The 3rd problem is that we are currently in the digital era, where people buy things online digitally all the time. Now many people may say they could just use Blockchain technolagy for digital online transactions. And yes they could but lets keep in mind blockchain works best when it is decentralized, as well as having a limit. Backing a crypto currency with something like gold means takes away it's decentralization. Since each coin mined needs to be allowed to be exchanged at a central source. Lets also not forget to mention how we got off of the gold standard. We got off of the gold standard because people suspected that the US was printing more paper money then they had in gold holdings. And Nixon removed us from the Gold standard to protect the USD. This is important because backing a blockchain with gold doesn't mean that the gold that it is being backed with today will be their tomarrow for it to be backed. Which would result in what we could say a type of double spending.\n1. Lastly many Americans are dependent on Credit Cards, and Loans. Banks would be forced to create stricter requirements for getting credit cards and loans in general. Meaning less people would qualify which results in more social problems. \n\n# Benefits of a Gold Standard\nNow there are some great benefits to being on a gold standard. Here is a list of benefits I could think of.\n1. Lower taxes. With a limited amount of money in circulation it would be considered inhumane to tax people to much. \n1. *__No War__* Sorry needed to really stress that. And I can't say there wouldn't be any war but there would definetly be less war and wars would be much shorter. The reason for this should be obvious, which is wars costs money, and government would need to encourage people to help fund a war, since money can't just easily be printed.\n1. Deflation. Yes that would happen. We would see prices of everything drop, this includes, medical, food, clothes, real estate, technology and everything.\n1. Less drug addiction. It would be more difficult for addicts to obtain easy money to support their habbits, forcing them to slowly get weaned off or in some cases going cold turkey.\n\n* What Should We Do If Not Gold?\nI have nothing against using Gold for money. The problem I have is backing money with gold. Which would really just make us go around in a circle. Backing money with gold means gold would be stored in a central location. And for each ounce of gold a unit of money is created to represent that ounce. So the units of money are circulated in public while no one is ever aware of what people are doing with the gold being stored. Which means that gold could be getting sold. Or like what people suspected in the 1970's was that more units of currency where being created then there was for backing of gold.  Now crypto users may use to there defense that blockchain prevents such things from happening. And yes blockchain prevents extra units of currency being created or double spent. But the blockchain is digital. It isn't like we can somehow dangle physical gold on the blockchain and raise our hands and say *Oh mighty blockchain make sure this gold is always here* No instead the blockchain would simply prevent addition units of currency from being created. It would allow for everyone to see transactions conducted using those units of currency. It however opens the doors for government to create secret transactions not seen on the blockchain, using the gold they are claiming is backing the blockchain.\n\nSo understanding what said above, should lead us to several ideas on what should be done. \n\n* Simply use blockchain alone with no backing\n* Use physical gold as legal tender. And not have gold backing\n* Use physical gold for non digital transactions and blockchain for digital transactions\n\nNow once again I love gold and I support it as money. But I do think it is not as powerful as blockchain. At least in the 21st century. If we went strictly to gold there would defently be civil unrest for reasons I mentioned earlier. But even if their wasn't theirs a variable gold is missing that blockchain isn't. We have no idea how much gold there really is. We have a rough idea, but that could be wrong. We could find ways to dig deeper into the earth and find much more gold, if we start to travel out into space we could find gold on other planets. Heck a new gold mine might be discovered in an area on Earth we never knew about before. Its also worth noting gold can in fact be created using a particle accelerator. However it is more expensive to do so. We create elements all the time and gold can be created but it isn't worth it, but that doesn't mean desperation government wont attempt to create the gold. \n\nBlockchain on the otherhand we know exactly how much is their. We decide how much the Blockchain will allow. And we know without a doubt that Bitcoin will never have more then 21 million coins produced. And we know that there is a great chance that X amount will never be circulated due to lost coins, or data corruption on devices. \n\nNow crypto currency users will most likely use to their defence that a blockchain created by the federal reserve, the banks or the government will be written and created in a way that will benefit them first. And I would be delusional to think they wouldn't but that is okay. Yes if government started using their own form of blockchain to replace our current monetary system, it would be okay if they put malicious code into that allowed them to spy on people, and gather all types of information from people. This is perfectly fine. And why do I say this? Because if government replaced the current system with blockchain, every citizen in the country of all ages would become aware of blockchain and how it works. This would in turn benefit all other blockchains like Bitcoin and Ethereum. And those welfare people that would become a problem if we went to a gold standard, they wouldn't be a problem with blockchain. You see if those welfare people want their Obama phone they can have it, but that Obama phone will be mining on the blockchain. And they will be able to get the rewards from blocks they mine. \n\nThe gold supporters wont be able to expect all people on welfare to be able to mine gold like I mentioned above with blockchain. The gold supporters wont have decent method of offering a decent retirement methods. Blockchain technolagy can however.\n\nIf you like this article please follow and feel free to show support by becoming a [Patron](https://www.patreon.com/techmeout17) or donating some crypto currencies. \n\nBitcoin ![Bitcoin](https://techmeout.org/wp-content/uploads/2017/08/btc-qr.png) 1AY6rv6QQWsq7ZfnX9fTE85rMVTxeY6jqo\nEthereum ![Ethereum](https://techmeout.org/wp-content/uploads/2017/08/eth-qr.png) 0xb3a984f8b250E7a60f6E17930Bb2E987778581Db\nLitecoin ![Litecoin](https://techmeout.org/wp-content/uploads/2017/08/ltc-qr.png) LUYUDhGeRC6D5NBr9Xray9fqfPhcqcxV6b\nMonero ![Monero](https://techmeout.org/wp-content/uploads/2017/08/xmr-qr.png) 4AQPJ7J7CbtJhGUsg3CZHGSJp3TYyU9M9GkSA7RnX4SUFkueQ667NNy82f2T68bkXH8VnVpZuuA8g3NMWDxVT6uARdHFLLK",
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      "body": "You have experience in GIMP. I ask because I primarily use Linux and GIMP is a great image editing program for Linux, Windows and Mac.",
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      "body": "Maybe it has to do with the IMF, sdr's and  coin. \nThe IMF is eyeballs deep into the blockchain and attempting to place every asset on the planet into a digital asset, their coin is the ACCHAIN coin. Check out Lynette Zang on you tube.",
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      "body": "Crypto Currencies are all over the place these days. And they are popping up everywhere. It seems like everyone is coming out with their own coin. Many of these coins are worthless. However there is a place and benefit to them. If the shitcoins have a place on exchange sites then this means they can be traded for a better currency. Since such coins are technically are shit less people are mining them allowing for people with a just a CPU to easily mine them and get a little something. \n\nIn this case the miners with nothing have gained something and they can then exchange that nothing for something like BTC or BCH",
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      "body": "Isn't Blockstream a cause of concern regarding centralization?",
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      "author": "linuxphreak",
      "permlink": "re-joshsigurdson-goldman-sachs-warns-investors-not-to-ignore-bitcoin-what-this-means-20170820t084307522z",
      "title": "",
      "body": "Thanks I wrote an entire post about this https://steemit.com/bitcoin/@linuxphreak/the-bitcoin-cash-conspiracy",
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      "title": "The Bitcoin Cash Conspiracy",
      "body": "@@ -2603,16 +2603,17 @@\n er that \n+%5B\n Goldman \n@@ -2617,16 +2617,129 @@\n an Sachs\n+%5D(https://steemit.com/bitcoin/@joshsigurdson/goldman-sachs-warns-investors-not-to-ignore-bitcoin-what-this-means)\n  is advi\n",
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      "author": "linuxphreak",
      "permlink": "the-bitcoin-cash-conspiracy",
      "title": "The Bitcoin Cash Conspiracy",
      "body": "The Bitcoin fork known as Bitcoin Cash scares the crap out of me. It scares me more and more every day. And not just for one reason but for several reasons. \n\n1. How it was released. [Bitcoin Cash pretty much gave every bitcoin holder the same amount of BCH as they had in BTC](http://fortune.com/2017/08/07/bitcoin-cash-bch-hard-fork-blockchain-usd-coinbase/). This created incentive and demand for people to get Bitcoin Cash. This alone isn't a problem, it is simply marketting. But it did play into a psychological role in how people would act if they got free money. Which if you think about it many of the BTC users don't support government giving out free money to people but have no problem with some mysterious overly hyped crypto currency giving free coins to people. You may say theirs a difference. After all government is centralized and Bitcoin is decentralized. And your right. However the less people using the network the more centralized it becomes. This is important to note for my next point.\n1. [97% of the Hashpower on the BCH Network](https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/) is controlled by unknown miners. Once again theres nothing wrong with mining anonomously and being quite about it. But when anyone is mining more then 51% of almost any crypto currency they end up gaining a bit of power and control over the people using the network. In 2014 myself and many other people stopped using [CEX and it's brother site GHash](https://www.coindesk.com/bitcoin-miners-ditch-ghash-io-pool-51-attack/) because their pool ended up becoming so big that they pretty much could double spend and manipulate the BTC network. Of course we all came back to CEX and GHash when things changed, but boy where we scared. And rightfully so. And we should have the same concerns about BCH right now about this. And honestly we should be more concerned because unlike the case with CEX we don't know who these miners are.\n1. Now if I wanted to destroy something that I had no control over. In this case we will say crypto currencies and more specifically Bitcoin I may copy the entire blockchain allowing users to get free BCH. Now that they have free BCH I would do some selling off, allowing the price to drop. Now to get as many people as I possibly can to invest in this system I would start to pump like crazy which would result in a rapid increase in it's price. Which would pretty be incentive for people to invest in it. Then I could do a dump and make people lose alot of money. And depending on how people invested they may have traded another crypto currency for BCH because of the rapid price increase. Which means they have less then they did before. Now  [World Alternative Media](https://www.youtube.com/watch?v=RKEzDc6xo8o) mentioned earlier that Goldman Sachs is advicing investors to invest in bitcoin. World Alternative Media also suggested they are interested in it because they want to create their own that they can control. Maybe they already did.",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"currencies\",\"conspiracy\"],\"links\":[\"http://fortune.com/2017/08/07/bitcoin-cash-bch-hard-fork-blockchain-usd-coinbase/\",\"https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/\",\"https://www.coindesk.com/bitcoin-miners-ditch-ghash-io-pool-51-attack/\",\"https://www.youtube.com/watch?v=RKEzDc6xo8o\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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